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Amerant


Overview / Commentary
www.amerantbank.com
305-460-8701
220 Alhambra Circle
Coral Gables, FL 33134

Amerant is headquartered in Coral Gables and is the 6th largest bank in the state of Florida. It is also the 162nd largest bank in the nation. It was established in 1979 and as of September of 2019, it had grown to 838 employees at 25 locations. Amerant's money market rates are 3X the national average, and it has a B+ health rating.

Related Posts

Amerant Offers Competitive CD Rates in Most States - 1/30/2020

Amerant (formerly Mercantil Commercebank) is now offering Digital CDs ($10k min) in 48 states (FL and TX excluded), with the 12-month earning 2.25% APY.

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Reviews (5)

Strong CD Rates

Posted by: |

Best rates in the market along with great service. Highly recommend.

10

Great Products

Posted by: |

The bank offers many competitive products with great rates. I recently opened the Relationship MMKT and Checking and am very happy. I get a 2.25% rate on my money market which is top of market. Highly recommend.

3

El Banco Mas Malo De Us

Posted by: |

No pongan su dinero alli este banco te esta cuestionando todo el tiempo de donde sacaste el dinero q se deposita no importa si es cash o cheque todos los dias te estan llamando abri la cuenta alli y a los 10 dias la tu e q cerrar

3

AMERANT - MERCANTIL BANK IS THE WORST

Posted by: |

I HAD AN ACCOUNT THAT I HAD TO CLOSE TODAY AFTER 7 YEARS. THEY WAS CHARGING ME $20 MONTHLY EVEN IF MY ACCOUNT WAS DOMESTIC.
NO ONE WANTED TO DO ANYTHING. THE RECEPTIONIST CALLED A GUY AND THE GUY SAID WE CAN REFUND $20 (THEY TOOK MORE THAN $200) IF I WONT CLOSE IT. THIS WAS A SCAM. THEY ROBBED CUSTOMERS.

3

BE CAREFUL WITH THIS BANK

Posted by: |

I was a customer for 6 years, if you move your money very often, try not to reach the account balance to 0 because the bank will CLOSE your account because "new politics", so, no penalties, no overdraft fees, you only get the "kick in the butt" treatment from customer service.

24


Health
B+

Data as of Q3 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #22953
Year Established1979
Employees838
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD7.37%
Annual Interest Income$237.7MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$7.85B$8.42B
LoansQ3 2019vs Q3 2018$5.70B$6.09B
DepositsQ3 2019vs Q3 2018$5.72B$6.23B
Equity CapitalQ3 2019vs Q3 2018$885.0MM$801.4MM
Loan Loss AllowanceQ3 2019vs Q3 2018$53.6MM$69.5MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$29.4MM$28.6MM
Real Estate OwnedQ3 2019vs Q3 2018$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Amerant; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Amerant Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$50-Savings Account

Amerant Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.05%$100-Relationship Money Market - In Branch Only
1.50%*$100k*-Money Market
OTHER TIERS: 0.20% → $100 - $5k | 0.25% → $5k - $10k | 0.65% → $10k - $25k | 1.35% → $25k - $100k

Amerant CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.30%$10k$250k60 Month Digital CD (New Money) - Limited Availability
2.25%$10k$250k36 Month Digital CD (New Money) - Limited Availability
2.25%$10k$250k48 Month Digital CD (New Money) - Limited Availability
2.20%$10k$250k24 Month Digital CD (New Money) - Limited Availability
2.15%$10k$250k18 Month Digital CD (New Money) - Limited Availability
2.10%$10k$250k12 Month Digital CD (New Money) - Limited Availability
2.00%†$10k$250k12 Month Promotional CD
2.00%†$10k$250k15 Month Promotional CD
1.80%†$10k$250k24 Month Promotional CD
1.80%†$10k$250k36 Month Promotional CD
1.80%†$10k$250k48 Month Promotional CD
1.80%†$10k$250k60 Month Promotional CD
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.